Kaiser Family Foundation: Questions About Health Insurance Subsidies

This issue brief from the Kaiser Family Foundation describes the subsidies available to individuals purchasing health insurance policies through the health insurance marketplaces established through the Patient Protection and Affordable Care Act. Individuals/families with incomes below 400 percent of the Federal Poverty Level will be eligible for tax credit subsidies for their monthly premiums, depending on their specific income. In addition, individuals/families with incomes below 250 percent of the Federal Poverty Level also will be eligible for subsidies of their co-payments and deductibles, if they choose a “silver” level plan. Since each state (and each region in each state) has different health insurance plans offering policies through the marketplaces, the final, subsidized premiums and share-of-costs is different in each region of the country and dependent on the income of the applicant/applicant’s family.

The Kaiser Family Foundation website has a subsidy calculator that will calculate the subsidies available to an individual/family.

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